Transformers and Rectifiers (India) Limited recorded a 5.18% decrease in its consolidated net profit for the quarter ending March 2026. The company’s net profit stood at Rs 89.28 crore during the quarter, down from Rs 94.16 crore in the same period last year as per its regulatory filing. The Board of Directors has proposed a dividend of Rs 0.25 per equity share of face value Rs 1, pending approval at the upcoming Annual General Meeting.
Headquartered in Ahmedabad, Transformers & Rectifiers (India) Limited, also known as TARIL, is a significant player in the heavy electrical equipment sector, specializing in manufacturing high-capacity power, distribution, and furnace transformers. TARIL boasts a total manufacturing capacity exceeding 75,000 MVA per annum and manufactures transformers up to the 1,200 kV class, serving industries such as steel, railways, utilities, and renewable energy.
With over 40 years of industry experience, TARIL operates three manufacturing units and has established a presence in both domestic and international markets. The company’s product range includes power transformers up to 1,000 MVA, distribution transformers up to 10 MVA, furnace transformers up to 120 kA, and rectifier transformers up to 160 kA DC, utilized in heavy industrial applications like electrolysis and smelting.
TARIL has been experiencing robust demand due to increased investments in infrastructure and renewable energy projects in India. The company is actively pursuing capacity expansion and aims to elevate its revenue to $1 billion within the next three years, focusing on high-margin, specialized transformer segments. The firm’s shares saw an increase of Rs 13.65 or 4.25% recently, with a notable positive return in the last month as well.
